Funding you earn now, next payment 04:00 UTC+0.0390%/8h= +42.7% APRpaid last 24h +0.004%
Price spread now: Deribit against edgeX+0.118%7-day average +0.042% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.118%, 7d avg +0.042%
=Together, before fees−0.160%+ Points / potential airdropedgeX: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Deribit is 0.076% dearer against edgeX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.042%. Mind the row above: over the last 7 days funding on this pair cost −0.111%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.111% in total (about -5.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TAOUSDC | 315.77 | 0.0100 | pay 0.0050% / 4h | 45m 14s | $35K | $304K | 10x |
| Short | Deribit TAO_USDC-PERPETUAL | 316.14 | 0.0490 | get 0.0061% / 1h | 45m 14s | $11K | $1.6M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $81.9
- Price spread: +0.118% → +0.042%
- $7.6
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $73.5
- Costs to cover
- 0.160%
- Break-even
- 0.7 days
Slippage unknown: edgeX: live order book, 13 min ago; Deribit: live order book, 4 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 13 min ago | 6.36 bp | 10.9 bp −$11 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 4 min ago | 18.78 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
TAO on 43 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.0499% | 1h | 315.15 | −0.196% | $167K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 315.83 | +0.019% | $126K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 315.89 | +0.039% | $20K | — | 150x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0056% | 1h | 315.97 | +0.062% | $5.6M | $20.6M | 50x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.24 | +0.149% | $42K | $685K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 316.02 | +0.079% | $91.1M | $489.7M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 315.90 | +0.041% | $26.0M | $119.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.90 | +0.041% | $12.9M | $49.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 316.25 | +0.152% | $105.7M | $142.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 316.02 | +0.079% | $17.6M | $31.6M | 75x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TAOUSDT | +0.0100% | 4h | 315.93 | +0.051% | $35.3M | $55.8M | 50x | as long as short |
| edgeX TAOUSDClong | +0.0100% | 4h | 315.77 | long leg | $35K | $304K | 10x | |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 315.84 | +0.022% | $46K | $252K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.04 | +0.086% | $89K | $790K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 316.23 | +0.146% | $12K | $18K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.11 | +0.108% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 315.84 | +0.022% | $109K | $527K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 315.90 | +0.041% | $3.2M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0101% | 8h | 315.75 | −0.006% | $646 | $785K | 5x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.92 | +0.049% | $173K | $998 | 3x | as long as short |
| GRVT TAO_USDT_Perp | +0.0106% | 4h | 314.83 | −0.297% | $524K | $944K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0124% | 4h | 316.10 | +0.105% | $57K | $275K | 10x | as long as short |
| Bybit TAOUSDT | +0.0143% | 4h | 316.14 | +0.117% | $68.8M | $146.4M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0152% / S +0.0116% | 1h | 315.91 | +0.043% | $428K | — | 100x | as long as short |
| BingX TAO-USDT | +0.0184% | 4h | 316.11 | +0.108% | — | $30.1M | — | as long as short |
| Paradex TAO-USD-PERP | +0.0194% | 8h | 316.20 | +0.135% | $14K | $1K | 10x | as long as short |
| Nado TAO-PERP | +0.0195% | 1h | 315.99 | +0.071% | $808K | $2.2M | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0208% | 1h | 316.32 | +0.174% | $3K | $4K | 5x | as long as short |
| Aster TAOUSDT | +0.0224% | 4h | 316.07 | +0.095% | $1.2M | $10.1M | 50x | as long as short |
| Hyperliquid TAO | +0.0254% | 1h | 316.37 | +0.190% | $94.3M | $105.0M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0301% | 1h | 316.41 | +0.203% | $317K | $910K | 10x | as long as short |
| Extended TAO-USD | +0.0328% | 1h | 315.97 | +0.064% | $922K | $2.4M | 25x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 316.23 | +0.146% | $4.5M | $10.9M | 100x | as long as short |
| Arcus TAO-USD | +0.0345% | 1h | 316.41 | +0.203% | $100K | $488K | 5x | as long as short |
| Pacifica TAO | +0.0365% | 1h | 316.15 | +0.122% | $363K | $409K | 10x | as long as short |
| Lighter TAO | +0.0416% | 1h | 316.27 | +0.159% | $1.5M | $6.5M | 5x | as long as short |
| Deribit TAO_USDC-PERPETUALshort | +0.0490% | 1h | 316.14 | +0.118% | $11K | $1.6M | 25x | |
| Phoenix TAO | +0.0581% | 1h | 316.10 | +0.105% | $315K | $697K | 5x | as long as short |
| Variational Omni TAO | +0.0641% | 4h | 315.94 | +0.053% | $5.8M | $9.8M | — | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 316.16 | +0.124% | $364 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0991% | 1h | 316.30 | +0.167% | $437K | $658K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 316.38 | +0.193% | $1.5M | $6.6M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4222% | 1h | 319.61 | +1.216% | $23K | $2K | 12x | as long as short |
edgeX TAOUSDC
Deribit TAO_USDC-PERPETUAL
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Kraken Futures PF_TAOUSD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
GRVT TAO_USDT_Perp
Bybit TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
BingX TAO-USDT
Paradex TAO-USD-PERP
01 Exchange TAOUSD
Aster TAOUSDT
Hyperliquid TAO
Backpack TAO_USDC_PERP
Extended TAO-USD
BloFin TAO-USDT
Pacifica TAO
Lighter TAO
Phoenix TAO
Variational Omni TAO
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP